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1 pts Question 3 A corporation purchases 18000 shares of its own $20 par common stock for $35 per share, recording it at cost. What

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1 pts Question 3 A corporation purchases 18000 shares of its own $20 par common stock for $35 per share, recording it at cost. What will be the effect on total stockholders' equity? Increase by 5630000 Decrease by $360000 Decrease by 5630000 Decrease by $270000

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